{
  "url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1996/regulation-3",
  "json_url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1996/regulation-3.json",
  "legislation": "uksi/1996/2616",
  "legislation_title": "The Income Tax (Interest Relief) (Housing Associations) (Amendment) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1996",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendment to the principal Regulations",
  "text": "In regulation 4, in the substituted subsection (1) of section 369 of the Income and Corporation Taxes Act 1988, for the words following “thereof;” there shall be substituted the words —\n“and accordingly —\n(a) subsections (2) and (3) of section 486 (interest paid by registered industrial and provident societies) shall not apply to the payment of that relevant loan interest, and\n(b) that relevant loan interest shall not be brought into account by way of any debit given for the purposes of Chapter II of Part IV of the Finance Act 1996 (loan relationships).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Regulation 4 was substituted by regulation 4 of S.I. 1995/1212."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1996 c. 8."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/2616/regulation/3",
    "retrieved_at": "2026-10-29T12:33:58.375415+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}